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22509 North 37th Terrace

22509 North 37th Terrace, Phoenix, AZ 85050
Sold Oct 30, 2020
$665,000
$395,000 by Homeowners Financial Group Usa
Mortgage Due Nov 01, 2050
Sold Jun 09, 2008
$625,000
$562,500 by Metlife Bank Na
Mortgage Due Jul 01, 2038
22509 North 37th Terrace has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 2007 and is 17 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 22509 North 37th Terrace has 3,795 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,344 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 22509 North 37th Terrace sold most recently in Oct 28, 2020 for a total of $665,000. If you work out the math, that's approximately a cost of $175.23 per sqft. Before that, the property was also sold for $625,000 in Jun 5, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,949 in taxes each year. 22509 North 37th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $75,920. If we break it down further, the land itself was valued at $15,180. Improvements to the property, however, were assessed at a total of $60,740. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,344
  • Total Building Area: 3,795
  • Gross Building Area: 3,795
  • Building Area: 3,795
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,795
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLAGE 12 AT AVIANO
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE 12 AT AVIANO MCR 752-09

Ownership

  • Current Owner : FORGHANI ALI
  • Previous Owner : CHERNOW SHANDEE A
  • Previous Owner 2: LARSEN SHANDEE AMBER
  • Owner Before Previous Owner: TOLL BROTHERS AZ LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 615001

Zoning

  • Zoning: R-43AG

Geography

  • Assessors Map Reference: 75209
  • Parcel: 212-38-871
  • Lot: 865
  • Meridian: SEC 13 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6908
  • Longitude: -111.998

    Address

  • Full Address: 22509 N 37th Ter
  • Address - House Number: 22509
  • Street Direction: N
  • Address - Street Name: 37th
  • Address - Suffix Type: Ter
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C098
  • 4-Digit Zip Code: 7373
  • Zip Code: 85050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,949
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,104,915
  • High Value: 1,265,068
  • Low Value: 944,763

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $610,000
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: PENTAGON FCU
  • Second Open Lien Mortgage Recording Date: Oct 07, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $215,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 12, 2051

    Market Valuation

  • Market Total Value: $759,200
  • Market Land Value: $151,800
  • Market Improvement Value: $607,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,920
  • Assessed Land Value: $15,180
  • Assessed Improvements Value: $60,740

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11795342382
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201051843
  • Previous Sale Recording Date: Jun 09, 2008
  • Previous Sale Contract Date: Jun 05, 2008
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE BANK NA
  • Previous Mortgage Transaction Date: Jun 09, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $562,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2038

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Frequently Asked Questions

What neighborhood is 22509 North 37th Terrace located in?
The 22509 North 37th Terrace is a located in the neighborhood of Village at Aviano in Desert View, Phoenix.
What is the average sales price for listings in 22509 North 37th Terrace?
The average sales price for units in 22509 North 37th Terrace is $0 currently.

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